Traders apply technical analysis to the Forex markets because they believe that exchange rates are not always determined by economic fundamentals like central bank activity, prices and interest rates.

U.S. Dollar Index spiked upward and surpassed yesterday’s high, but price action gradually returned below that peak. Overall, ...

Trading the financial market can be profitable and risky depending on the knowledge and experience of a forex trader. To become an expert, traders need time to learn strategies to make an educated ...

Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced financial consultant. She has a demonstrated history of working in both institutional and retail environments, from broker-dealers to ...

The Simple Moving Average (SMA) indicator which aims to stabilize historical price data over a specified period to help traders identify potential trends and entry points. There is a wide range of ...

Who said technical analysis forecasts should be complicated or overwhelming?. Our monthly Forex technical analysis forecasts are written by pro traders and experienced market analysts to ensure that ...

When it comes to making trading decisions in the forex market, traders generally rely on two primary approaches: technical analysis and fundamental analysis. Each has its own philosophy, methodology, ...

Technical analysis provides currency traders with an excellent method of finding potentially profitable trades and generating objective trading signals. With technical analysis, forex traders can use ...

EUR/JPY EUR/JPY fell below yesterday’s low after an initial bullish attempt above the high failed to attract follow-through ...

Charts are useful tools for investors and traders as they offer insight into herd behavior. In a book written in 2004, author James Surowiecki explained how crowds make better decisions than ...

When it comes to how traders approach the markets, fundamental and technical analysis are two of the biggest chapters in the forex industry. Most of the times, investors use both to research and ...

The currency pair is in an uptrend unfolding from the 1.2484 bottom and probably ahead of a significant reversal on weekly basis. The technical indicators are rising and the trading is situated above ...